From March 10 KASE prohibits using Alternative finance (Kazakhstan) securities as repo transactions subjects
/KASE, March 10, 10/ - By Kazakhstan Stock Exchange (KASE) Board decision
of March 10, 2010 in compliance with sub-items 1) and 1-1) of item 9-1 of the
KASE internal document "Rules of Repo Transactions Execution" the following
securities of Alternative finance (Almaty) are prohibited for use as repo
transaction subject, executed by the "nego" method from March 10, 2010:
1. common shares KZ1C50310016 (KASE official list second category, ALLZ);
2. bonds KZPC1Y05C145 (KASE official list Non-rated Debt Securities second
subcategory, ALLZb1).
This decision was made due to non-payment by Alternative finance of the seventh
coupon interest on its bonds KZPC1Y05C145 (KASE official list Non-rated Debt
Securities second subcategory, ALLZb1; KZT1, KZT2.5 bn; August 22, 06 -
August 22, 11, the semi-annual coupon 9.50 % APR; 30/360).
Previously KASE published the news of March 10, 2010 "Alternative finance
(Kazakhstan) delays payment of the 7th coupon on bonds KZPC1Y05C145
(ALLZb1)" - http://www.kase.kz/en/news/show/1097947
[2010-03-10]